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Author Topic: Know Your Costumer (KYC) requirements on Bounty must Include in ANN?  (Read 203 times)
Haunebu
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April 14, 2018, 05:46:58 AM
 #21

There's nothing I hate more than asking KYC for bounties. KYC with your photo with holding the name of the bounty is fine, but asking passport or/and proof of address is a very very negative thing in bounty campaigns.

The only reason a bounty campaign need a KYC to to get avoid from cheaters, so they can easily do that with a selfie / clear  photo of the participant holding the name of the bounty on a paper, because providing passport and proof of address can be a very dangerous thing. actually it should not exist on the INTERNET projects.Anyone provides those documents put themselves at great risk of getting used them for illegal purposes, there are KYC packages to sell on dark net forums. all obtained from ICO projects.

 so I do not believe and totally against KYC process on bounty and ICO's , the purpose is to get to know you customer, you can easily do that with a photo. if it's not enough you can ask for a time stamped photo holding the name of the bounty or ICO. that way no personal info revealed and you get approved for  real person too.
I agree with what you are saying here. This whole KYC drama is seriously annoying and I cannot understand why so many people are not reluctant when it comes to sharing their personal details with strangers online. The photo method which you talked about makes sense and it does solve the problem in a big way in this case, but I doubt anyone will employ it since they know desperate people will do anything for money. Coming to the post by op, I agree with what you are saying. It would be better if the campaign managers stated the KYC requirements in the ANN thread itself to avoid any hassle in the future.

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pandukelana2712
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April 14, 2018, 05:50:25 AM
Last edit: April 14, 2018, 01:05:23 PM by pandukelana2712
 #22

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I dont agree with you since bounty hunters only promoting there campaigns and bounty hunters did not pay any money to do that. You have to understand that KYC is only for those investors who buy tokens known as costumer that why KYC meaning is Know Your Costumer is for costumer only and not for bounty hunters.
FYI, CUSTOMERS are all those token holders. No problem where token come from. Is it from buying? Is it from a prize? or just a giveaway? They are the customers of the company.

Do INVESTORS receive TOKEN? Yes
Do bounty participants receive TOKEN? Yes
Does the prize organizer accept TOKEN? Yes

Those are the token holders of ICO products and they are CUSTOMERS of that token
masterrex (OP)
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April 16, 2018, 02:07:18 AM
Last edit: April 16, 2018, 07:33:08 AM by masterrex
 #23

Thanks forumers for each opinions you share I hope this can be use as tool to send a strong message to ICO's and Bounty Managers to merge this important piece of Information in Every New ICO Bounty Thread and Future Campaigns.
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